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Mark Gellermann's avatar

I think Greg's analysis of the market reasons for the down turn today is a little off

as it wasn't Biden's considering raising capital gains tax at all! Even if Biden increases

capital gains that type of tax has to be approved by both the House & The Senate and

I'm sure they'll water down that increase. In the political realm, you have to ask for "more"

than what you'll think you get so that there is "room" to negotiate some type of increase.

There have been also talk about a financial transaction tax on every financial transaction

so the question of taxes is a no brainer in the sense that that has to be negotiated in both

House and Senate and then compromised on and everyone on Wall Street dam well knows

this and so to do the Republicrats and Democats!

No, the real story yesterday and today was Putin shoveling 100,000 troops, tanks, etc on

the Ukraine Eastern Border and threatening the use of nuclear weapons "if" the US, NATO

and other Allies cross his red lines! Now, if you haven't been in sync with international

politics you will find that neither Trump nor Biden would threaten the use of nuclear weapons

so Mr. FSB/KGB is playing the wild card in international politics. He's also stated he's going

to blockade the Black Sea so all the coast of the Ukraine at the same time which makes

Ukraine surrounded by the Russian Navy and Russian Military Forces on their border with

the threat of the use of nuclear weapons if red lines are drawn.

Okay, so your a fat ass Wall Street type making money on everything and suddenly you

have deja vu remembering in 2016 to 2020 the former President Donald Trump telling the

American People he was tearing up the nuclear treaty with Russia and "modernizing" our

US Nuclear Arsenal of Weapon Systems during this same time. In December 2016 he

espouted this new American Policy of Nuke Modernization. Did he or the US modernize

their nuclear weapons systems from 2016 to 2020 under the Trump Administration? The

answer is nope!!!! Did Putin say he would modernize his nuke weapons system from 2016

onward and did he? Yes siree Bob! Now, Russia has hypersonic nuclear weapon systems

jamming radar and missile systems, directed energy weapons(which they are using on

US Military in Syria) and surprisingly Fox News yesterday and today are bringing on

US Air Force Generals etc. stating for the record much of our nuclear deterrence weapons

systems are like 40-50 years old even after spending billions of dollars on defense appropriations.

How does Russia modernize their weapons systems and spend well below the US but

still have superior weapons systems to that of the US?

So, you're now a Senator or House Representative or bureaucrat or Wall Street Fat Ass

and you now have the uncanny realization your US nuclear deterrence is antiquated

except for the nuclear submarine leg of that triad. Your Minutemen are ancient dust

and your bombers can be shot out of the skies which means your naked ass is showing

in public and Putin is laughing his balls off at you and yours. The F-35 is a bomb that

should have been ditched and the F-22 Raptor was moth balled even though it was

the best kick ass aircraft we have made for air to air combat missions, etc.

So, while Mr. Trump put on his Act I, Act II, Act III and Act IIII Clown show the Russians

were building modernized hypersonic weapons and we here in the West were sleep

walking and watching our dam cell phone shows, etc.???

Now, you have Christians listening to their websites crying about how they could be

fried in one burst of nukes going off and I didn't see that same crying when the last

Administration left us endlessly helpless in a dangerous World.

Biden if he's smart will push Germany to cut off and end Nord Stream II to Europe

as we have seen the Beast in Russia, none of the West should be feeding it via buying

shit from Russia or China for that matter.

If Putin wants to blockade the Black Sea and do no fly zones, then I think we, the US

and other Nations should do the same. The US will create a no ship no fly zone inthe

Caribbean Basin by China or Russia within 72 hours and on the Atlantic and Pacific

2,000 miles out is our National Security Zone subject to US Navy and Military authority.

Putin claims he only protecting "Russian Speaking" People in Ukraine. This is the sort

of bull shit Hitler said as he plowed in Poland before WWII. I would suggest to Greg

and Wall Street we're in for some hot time in the old time and ps- we need a US Draft

of young men and women not only for national security but infrastructure, etc. domestically.

Teach technology and let them run with it.

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Amber's avatar

Agree about the overall threat of nuclear war but Putin drew his red line yesterday. So, the market should have dropped in the morning. Also, Russia pulled back their troops today.

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Mark Gellermann's avatar

That's because he knows what I already reiterated will come to pass and then he's

in deep sh__ and so is China. You're going to see the end result of all this is firstly

Nations protecting themselves and loyal allies period. Extension of no fly and

no ship parameters in national waters, etc. as well as cut off of monies purchasing

the other nations trying to fry the US or Allies period. The Russians and the Chinese

have been doing this for years on the US in major ways with their direct dissension

in the current world order and attempting to create disorder in favor of their own

Empires. Quite frankly, the United States definitively is not a perfect actor "but"

these other two nations are beyond dictatorshiips and anti liberty and freedom

that's why Chinese Nationals flock over here every year getting away from the

CCP rules and bs. In reference to the notions and premises that the Republicrats

are patriotic or the democats are patriotic, if you listen to their own talking points,

the Russian Monies are in the Republicats and the Chinese monies are in the

Democats and so the two sock puppets are certainly not patriotic which means

to me to protect and defend our Nation, our Liberties For All, nor provide for

sane and efficient use of our military budget. Rather they have been pilfering

our Defense Budgets for years with no one questioning and so we end up with

less bang for our buck and more and more dangerous and precarious international

positions militarily. I'm sorry, but a patriot whether red or blue or all colors does

not place his troops in harms way unless he or she knows we are prepared and

able to do the "heavy lifting" involved wherever that lifting is required as well

as secure the domestic front as well. You folks should read or watch the youtube

videos on the Phoenix Program. They know how to separate and divide any nations

people and you have that on full display now in the US with race tensions, conservatives versus the "commies", etc., etc. During WWII no one gave a sh__

what your politics were only that you made the ammunition or weapon or

built the plane wing riveters just fine and dandy. That's what's wrong now,

they can conveniently divide us to conquer our most innate and inherent

American Unity and Purpose. The Police against the people, etc. etc. etc

meaning less and less viability as a Nation and as an American People to

protect our Nation, our National Interests as well as "provide" for our

American People no matter what income level or skill level.

We need to take back our Nation, get all our people involved especially

our young, who have been dociled and removed from working to a better

and brighter Nation not a whimpering, faltering future. This Nation has

the brightest people in it and yet we can be funneled, confused and

divided easily and we can't figure out why we're always on the wrong

end of the stick in terms of the future?

In response to your comment about gold, etc. going down, if you hadn't

noticed the Comex and other precious metals and metals/commodities

have been rigging those prices through derivative fake paper action

which has "zero" bearing on the actual intrinsic value of these metals

or copper, zinc, etc. The Central Banks simply write more and more

paper to cover the limited supply of any metals and then when they

are caught like JPM they are slapped on the wrist and told to go home

and take multiple adult beverages and to call them in the morning.

I will continue to buy gold and silver as well as positions in other metals and

commodities as if they were less and less valuable why would Nations like

Russia and China keep buying "tons and tons" of gold while the US dealves

in MMT? You should always pay attention to any predator competition or

else they will just swallow you whole at some point.

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W8878788766565's avatar

Gold dropped big time today. If market thought war (oh not nuclear) was a possibility, gold would have taken off rather it was smacked down. Nuclear war would put gold into Stratosphere.

So I think no one is taking Putin seriously. It's not happening.

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Ray King's avatar

30 June..

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